Trimark Pictures Licenses Titles in Exchange for Equity in C-3D Digital

 

 

 

 

C-3D Gains Access to Motion Pictures for 3D Conversion

LOS ANGELES, February 10, 2000--Chequemate International Inc. (AMEX:DDD), doing business as C-3D Digital Inc., the world's first 3D television network and 3D Internet media company that provides 3D entertainment through innovative technology, and Trimark Pictures (NASDAQ: TMRK) announced that Trimark will receive an equity investment in C-3D Digital.

Trimark has agreed to provide C-3D Digital access to its library of motion pictures, in exchange for an equity position in the Company.

Films from Trimark's library, which contain over 600 titles, will be converted to 3D using C-3D Digital's patented process. The deal with Trimark also includes a revenue sharing arrangement for the 3D versions of the movies sold on DVD and VHS.

"We're very excited about this opportunity," stated Cami Winikoff, executive vice president of Trimark Pictures. "C-3D Digital is the second equity arrangement we've done with a technologically savvy media company. Our first, in February 1999, was with Broadcast.com, with whom we licensed the Trimark library of 2D films for streaming video over the Internet." Broadcast was later acquired by Yahoo! (NASDAQ: YHOO).

Winikoff continued, "We anticipate our relationship with C-3D Digital will be highly successful." "Trimark is an excellent company with terrific properties," stated J. Michael Heil, chairman and chief executive officer of C-3D Digital. "In our arrangement with Trimark, we gain a powerful shareholder and access to great films for 3D conversion. This arrangement will significantly boost content for both our C-3D Television Network."

C-3D Digital is a leading innovator in the manufacture and development of 3D imagery and virtual reality entertainment for television and the Internet. The Company operates several synergistic divisions, including C-3D Television, the world's first and only broadcast network to offer 24-hour, 7 days a week 3D stereoscopic programming; 3D.COM, its Internet subsidiary and home to a forthcoming virtual reality/3-D portal/e-commerce community center on the Web; Strata Software, a leading producer of 3D graphic design software; and the Hotel Movie Network, a private broadcast network focused on the hospitality industry.

The Company's Strata and Internet division combined to form the world's first 3D virtual reality portal. The 3D.COM Virtual Reality Portal(tm) is set to launch in mid-2000 and will feature streaming video over the Internet, real-time online gaming and e-commerce solutions in stereoscopic 3D. For more information, visit www.3d.com.